Money Matters blog

HOW you do Business IS EVERYTHING – 3

One of the primary reasons for an entrepreneur beginning his or her business is having the ability to conduct business as he or she pleases.  It’s not uncommon to have likes and dislikes about the way a company handles business.  Many are the business men and women who began business to improve or capitalize on the things that his or her competitors were not doing or doing well.  However, building ‘ANYTHING’ on the foundation of, a dislike, isn’t wise;…

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ELITE EXPERT BUSINESS SOLUTIONS 80/20 RULE OF BUSINESS

As an entrepreneur every bit of your time is precious and now your time has a dollar figure on it!  You cannot afford to do things that you can pay someone else to do nor the things you aren’t equipped to do and do well!  Your business is new and so right now you’re the sales team, the receptionist, the closer of the deals, the CEO, the VP and the MVP; you’re everything!  It only makes sense that you…

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HOW YOU DO BUSINESS IS EVERYTHING PART 2

How You Do Business IS EVERYTHING? PART 2 Is all that money in your account profit or is some of that money liability?  Are you meeting your financial goals?  Is your marketing working?  How well did you do last month? This month? Was it better this month verses last month?  What is your slow season for your business?  When is the best season to market your business?  When is the worse?  Has your bank account been reconciled monthly?  You…

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HOW You Do Business IS EVERYTHING!

As the entrepreneur, business owner, visionary, your goal, your vision is that talent and/or gift that drove you into business.  Whether you make jewelry, coordinative fabulous events, providing marketing services etc.; whatever you do, that’s your gift, your focus and your goal.  You’ll spend hours making sure that you find your niche’ because that’s what every consultant will tell you, find what makes your business stand out.  That’s excellent advice too.  Any potential problems or things that could go…

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MONEY & BUSINESS

Doing something great, doing something outside the box is the greatest reason for the trouble to come, situations to occur and obstacles to magically appear.  Beginning your own business is no different.  In beginning your business, you develop a plan for starting and running the business; however, one often overlooks or isn’t prepared for all the obstacles and challenges that occur in the midst of beginning that business.  Opening a business brings out the social, economic, physical and emotional…

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CASH IN THE BANK DOES NOT A PROFIT MAKE

CASH IN THE BANK does not EQUAL PROFIT You’ve been there before personally, cash in the bank but you are still broke.  The reason you are checking the cash in the bank is to make sure it is still there.  You know that you owe that cash to someone else or you may be holding it until you gain some more cash in order to make the moves that you need to make; either way; that cash in the…

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FUDGING DOESN’T WORK

Fudging is not an official “accounting term”.  I don’t ever remember hearing that word in vocabulary of Financial or Managerial Accounting Courses but it is definitely a common word used in accounting around the offices especially at tax time. As a professional Bookkeeping and Consulting company owner, I specialize in making sure that clients monitor their day-to-day company activities on a regular basis.  For most of my clients that is a monthly review at month-end closing.  I treat them…

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YOUR COMPANY’S NUMBERS SHOULD BE A WORK OF ART

IT’S A BEAUTIFUL PORTRAIT OR IS IT? The first thing I hear, when I tell people that I own a professional bookkeeping service and that I do tax preparation is; “you must really like numbers.”  I guess I do, but more importantly I understand them.  Financial analyst and business growth involves numbers but those numbers paint a picture of a business, the business owners and the management of that business.   In any corporation or large business, you will notice a…

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ENTREPRENEUR, ARE YOU STANDING IN YOUR OWN WAY?

I say it and I will continue to say it, time alone does nothing but record the second, minutes and hours of a day turned to week, month and then year.  It is how well one uses his or her time, the quality of time spent and the return on the investment of time that counts.  There are only 24 hours in a day and balance is the key if one expects to live to the fullest! You can’t…

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THE ART OF DOING BUSINESS BETTER

I’m not known as the Queen “B” for nothing!  The “B” stands for business, the Queen of doing business better.  Consultations with me develop into teaching and strategic planning.  It’s something I do well.  The key is, understanding what you do well, doing it well so as to employ other people that can help bring your vision to life.  It’s the way jobs are developed, careers are built AND entrepreneurs flourish.  Let’s just say you have a gift for…

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